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CUMULATIVE PROBLEM - Aster Systems On October 1, 2017. Aster Turan organized a computer service company called Aster Systems. Aster is organized as a sole

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CUMULATIVE PROBLEM - Aster Systems On October 1, 2017. Aster Turan organized a computer service company called Aster Systems. Aster is organized as a sole proprietorship and will provide consulting services, computer system installations, and custom program development Aster Systems has adopted the calendar year for reporting, and mancts to prepare the companys trst son ni tinancial statements as it Oct 31 2017. The initial chest of accounts for the accounting system includes these items Account Number Account Name 2011 Cash 1016 Accounts Rongivabic 126 Computer Supplies 128 Prepair Insurance 131 Prepaid Rent Office Equiment 167 Computer Frimant 201 Accounts Payable 301 Aster Turane, Capital Account Number Account Name 302 Aster Turan, Withrawals 403 Computer Services Raumnu 623 Wages Expense Avertising Expense 576 Mileage Expens 673 Rent Expense 1579 Insurancer Exp: 684 Repairs Expense, Computer Charitable Donations Expense 183 99 Required Please anwser all MCO based on the following business transactions. Please adjust the prepaid accounts before answering the MCO Oct. 1 Aster Turane invested $45,000 cash. a 515,040 computer system, and $13.000 of office equipment in the business. z Fall six months of rent in advance: $12.000 3Purchased computer supplies on credit for $1,975 from Triple-Ore Supplies 5 Pad 58,641) cash for one year's premium on a property and inhilty insurance policy 6 Billed Norton Dectric 98,300 for installing a new computer system. 8Paid for the computer supplies murhased tram Tripin-one Supplies. 10 Hired Donald Gee as a part-time assistant for S345 per dey, as needed. 12 Dilled Norton Clectric another $1,850 for computer services rendered. 15 Recht 51,650) from Norton Fiction its account 17 Paid $375 to repair equipment damaged when moving into the new once. 20 Paid $1,061) for an advantament in the local newspaper 22 Received the balance Owing from Norton Clectric on its account 28 Biller Whistor Resort 59.410 for services. 31 Paid Donald Gion for nine days work. 31 Aster Turene withdrew 31 200 cash from the business for personal use. End

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